Real estate has been one of the most valuable forms of accumulating and storing wealth since time immemorial. This market was valued at $326.5 billion in 2020, more than that of debt securities and global equities combined. However, despite being a lucrative form of investment, millennials are facing a much harder time than Gen X […]
Tag: STO
Patience Pays: Coinbase Receives Approval for Crypto Futures Trading in the US
Following regulatory issues in the US and a lawsuit in June which suggested illegal activities within the country, the clouds over Coinbase seem to be clearing. Today (Wednesday), the platform announced that it has been granted regulatory approval from the National Futures Association (NFA) to introduce crypto futures to its US institutional customers. Coinbase Gains […]
Coinbase Can Now Offer Bitcoin and Ethereum Futures in the US
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Coinbase has won approval from the National Futures Association (NFA) to offer crypto futures to eligible US customers. This comes after the exchange applied with the NFA in September 2021 to register as a futures commission […]
SDX Leads the Charge in Adopting Crypto Digital Token Identifier Standard
The financial industry is increasingly adopting the Digital Token Identifier (DTI) ISO standard 24165, which is a unique identifier for the digital asset market. The SIX Digital Exchange (SDX) has just become the first private distributed ledger technology (DLT) financial infrastructure to adopt the standard developed by the Digital Token Identifier Foundation. What Is ISO […]
PayPal Halts UK Crypto Sales: FCA’s Stricter Rules Take Center Stage
The global online payments company, PayPal is planning to pause cryptocurrency sales for a minimum of three months starting October 1 for users in the UK. This unprecedented move is a response to the new regulations introduced by the UK’s watchdog. In a message to its users cited by Forbes, PayPal announced its compliance-driven decision, […]
Toncoin Soars as TON Development Activity Records Significant Growth
With a market cap of $5.1 billion, Toncoin (TON) is the 16th largest cryptocurrency trading at $1.49 at the time of writing. The price of TON has jumped 5% in the past 24 hours while managing $36.4 million in trading volume during this period, which has increased 1.50% from a day ago. TON’s price actually […]
Singapore’s MAS Finalizes Framework for Stablecoin Regulation
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Monetary Authority of Singapore (MAS) issued a new framework to regulate stablecoins, asking issuers to meet different rules on value stability, minimum capital, and more. The move comes after months of collecting feedback […]
Weekend Movers – THORChain (RUNE) and Shiba Inu (SHIB)
The cryptocurrency market traded flat in the last week, with Bitcoin trading at $29,354 on Monday while Ethereum is exchanging hands at $1,845. Market data is showing low volatility, which is usually followed by strong directional moves, but for that to happen, trading volumes need to bounce back, which have been trending lower as well. […]
PayPal Continues Revamp with New CEO, Crypto Hub, and Stablecoin
Whether one is purchasing an item on eBay, sending an invoice for services rendered, or giving a gift – PayPal and digital value transfer go hand-in-hand. Now, after capitalizing on a mini-boom in activity during COVID, when online shopping sharply increased, the company has seen its stock and usage begin to wane. Not content to […]
DCG and Gemini Drag their Dispute, Coinbase Draws Lobbyists’ Support and More Regulation Headlines
The US digital assets industry delivered more legal developments this week in the separate disputes involving Coinbase, Ripple Labs and Gemini exchange. Here are the details: US SEC is conceiving an appeal to the court’s decision in the Ripple Labs case The SEC vs. Ripple case regained the spotlight this week as the US Securities […]
